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Port Talbot management launch takeover bid

Stuart Wilkie, Managing Director of Tata Strip Products UK, is heading up a bid to buy Port Talbot steelworks, it has been confirmed.

Mr Wilkie says his plan could offer "sustainable future success".

The investment he is seeking from employees could be as much as £10,000 each, according to sources. Private investors and government support would also be needed.

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Kinnock: Port Talbot plan has 'real potential'

Labour MP Stephen Kinnock says the proposed buyout of Port Talbot steelworks has "real potential", but needs the backing of investors and the government.

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